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CH EXAM: Basic Principles Exam 100% solved ABC insurance company transfers part of their risk to XYZ insurance company, this situation is called: -reciprocity -reinsurance -conservation -risk transfer - ANSWERreinsurance a life insurance company has transferred some of its risk to another insurer. the insurer assuming the risk is called the: -mutual insurer -reinsurer -reciprocal insurer -participating insurer - ANSWERreinsurer a nonparticipating party will: -provide a return of p...

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